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This is an archive article published on April 28, 2011

Hexaware shares up 2.53 per cent

Hexaware shares surged after the firm posted a much better-than-expected rise in Q4 profit.

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Shares of Hexaware Technologies Ltd opened up 2.53 per cent on Thursday after the mid-tier software services firm posted a much better-than-expected rise in Jan-March consolidated net profit.

The company,which added 10 new clients during the quarter,posted a consolidated net profit of Rs 538.3 million,compared with Rs 115.5 million a year ago.

At 9.17 a.m.,shares were trading up 1.27 per cent at Rs 72 in a firm Mumbai market.

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